Smt Ragni Kumari v. Canara Bank
Case brief
What is this about?
The Debts Recovery Tribunal dismissed an application filed by the applicant to set aside an order dismissing their suit due to a settlement. The court rejected the application as devoid of merits due to lack of affidavit support and absence of the counsel who purportedly settled the matter. However, the applicant was allowed to file a fresh SARFAESI application for uncovered assets.
What did the court decide?
The applicant was allowed to file a fresh SARFAESI application against measures not covered under the earlier suit.